Quote from: arkintunde on January 28, 2014, 07:26:55 AM

I don't think anyone can really answer this. I don't think Bitcoin will tank in such a fashion though. I also think these companies that are sinking so much into mining hardware are not doing it just to mine bitcoin. They have bigger plans. When I read about the $5 Million Dollar investment from CoinSeed, all I could think of is a company like Coca Cola or some other large company coming out with their own coin to replace all the stupid ass reward systems that they currently have in place. They'll need someone to process the transactions. If you think about all of the dumb point systems there are and imagine them getting replaced by bitcoin related technologies, you can see how any hardware investment into Bitcoin may have a lasting presence beyond Bitcoin itself.

Interesting, I've never really thought about it that way. I don't really see it tanking either, but it's still an interesting concept. I guess there would be many options to try to boost the value if it ever did though. I guess we would see the market flooded by a lot of cheap mining equipment from people freaking out though.

Can the difficulty actually go down though?